Coinbase to suspend all accounts on August 1st as “civil war” hard fork hammers Bitcoin… massive fraud now the norm at Coinbase


Image: Coinbase to suspend all accounts on August 1st as “civil war” hard fork hammers Bitcoin… massive fraud now the norm at Coinbase

(Natural News) There is no longer any question about it: Coinbase is a massive fraud and appears to be engaged in widespread criminal conspiracy. Coinbase is the most popular online wallet for Bitcoin, and I have previously reported on how Coinbase has seized Bitcoins from users in Wyoming and Hawaii, preventing them from accessing their coins even if they move their residency to a different state.

Coinbase is currently taking WEEKS to respond to urgent queries, I’m being told, and they provide no working mechanism whatsoever for users in Wyoming or Hawaii to change their state of residency. When those users attempt to login to upload new IDs or change their address, they are given “Unable to create account” errors which state that “Coinbase has indefinitely suspended its business…” in their old state. In effect, Coinbase has stolen all the Bitcoins from users in those states and may have already absconded with those Bitcoins.

Coinbase declares it will suspend / seize all accounts on August 1st

Now, Coinbase is declaring that it will not support the “hard fork” in Bitcoin being rolled out on August 1st — part of the Bitcoin “civil war” now unfolding by the week — and that it will seize all accounts during the hard fork switchover, blocking any ability to buy, sell or trade Bitcoin for its users. From the con artists at Coinbase who don’t answer to anyone:

The User Activated Hard Fork (UAHF) is a proposal to increase the Bitcoin block size scheduled to activate on August 1. The UAHF is incompatible with the current Bitcoin ruleset and will create a separate blockchain. Should UAHF activate on August 1, Coinbase will not support the new blockchain or its associated coin.

This means, in effect, that holders of Bitcoin in Coinbase could lose a huge portion of their holdings if the UAHF becomes the predominant new blockchain. Bitcoins held in the older, “classic” blockchain may plummet in value as users flee the system and sell off their holdings to leap to the UAHF. No doubt Coinbase will, at any time of its choosing, seize all user accounts for any reason it wants, publishing some absurd explanation to its users.

According to the Coinbase fraudsters, when they do seize your Bitcoins, they’re doing it for your own protection:

To ensure the safety of customers’ funds, we will temporarily suspend bitcoin deposits, withdrawals, and buy/sell starting approximately 4 hours before activation of either fork.

If Coinbase runs into any technical problems, the fraudulent company will obviously just steal everybody’s Bitcoins like they’ve already done with Wyoming and Hawaii users. Remember, there is no recourse whatsoever. Coinbase can essentially do whatever it wants, without any regard for the rights of its own users.

Should Coinbase executives go to jail?

As with nearly all entities in the crypto currency space, Coinbase isn’t regulated by anyone, operates utterly without any accountability whatsoever, and routinely steals Bitcoins from its own users without providing any workable means of getting them back. This typifies the criminal fraudsters currently operating in the crypto currency space who believe they are subject to no laws, rules or operational business ethics. (They also all think they’re going to get filthy rich by doing nothing, a false hope that always ends in catastrophe.)

It is my sincere hope that Coinbase executives end up in prison after all this implodes. From what I’ve seen of their behavior, they deserve long-term sentences for their criminal operations and unethical abuse of customer accounts. For all we know, Coinbase may be the next Mt. Gox where user accounts are all stolen while the executives run off to the Cayman Islands and disappear forever. Before that happens, Coinbase needs to be investigated for criminal fraud and racketeering so that those responsible for ripping off users can be arrested, indicted and prosecuted before they flee the country.

Stay up to speed on the Bitcoin collapse, the Coinbase fraud and the coming smackdown of crypto currency hucksters by reading BitRAPED.com. If you currently hold any Bitcoin at all, beware of the August 1st “civil war” hard fork which is expected to unleash mass chaos across the crypto currency universe (where volatility is already out of control).

Also, watch my videos and podcasts to learn the truth about Bitcoin and why it’s all going to end in disaster:

Find more news about the Bitcoin crash at BitcoinCrash.news.

 


Join the Health Ranger's FREE email newsletter

Get breaking news alerts on GMOs, fluoride, superfoods, natural cures and more...

(Note: Avoid using gmail.com addresses, because Google deliberately censors this email newsletter to protect Big Pharma's profits.)

Your privacy is protected. Unsubscribe at any time. | Learn more...

About the author: Mike Adams (aka the “Health Ranger“) is a best selling author (#1 best selling science book on Amazon.com called “Food Forensics“), an environmental scientist, a patent holder for a cesium radioactive isotope elimination invention, a multiple award winner for outstanding journalism, a science news publisher and influential commentator on topics ranging from science and medicine to culture and politics. Follow his videos, podcasts, websites and science projects at the links below.

Mike Adams serves as the founding editor of NaturalNews.com and the lab science director of an internationally accredited (ISO 17025) analytical laboratory known as CWC Labs. There, he was awarded a Certificate of Excellence for achieving extremely high accuracy in the analysis of toxic elements in unknown water samples using ICP-MS instrumentation. Adams is also highly proficient in running liquid chromatography, ion chromatography and mass spectrometry time-of-flight analytical instrumentation. He has also achieved numerous laboratory breakthroughs in the programming of automated liquid handling robots for sample preparation and external standards prep.

The U.S. patent office has awarded Mike Adams patent NO. US 9526751 B2 for the invention of “Cesium Eliminator,” a lifesaving invention that removes up to 95% of radioactive cesium from the human digestive tract. Adams has pledged to donate full patent licensing rights to any state or national government that needs to manufacture the product to save human lives in the aftermath of a nuclear accident, disaster, act of war or act of terrorism. He has also stockpiled 10,000 kg of raw material to manufacture Cesium Eliminator in a Texas warehouse, and plans to donate the finished product to help save lives in Texas when the next nuclear event occurs. No independent scientist in the world has done more research on the removal of radioactive elements from the human digestive tract.

Adams is a person of color whose ancestors include Africans and American Indians. He is of Native American heritage, which he credits as inspiring his “Health Ranger” passion for protecting life and nature against the destruction caused by chemicals, heavy metals and other forms of pollution.

Adams is the founder and publisher of the open source science journal Natural Science Journal, the author of numerous peer-reviewed science papers published by the journal, and the author of the world’s first book that published ICP-MS heavy metals analysis results for foods, dietary supplements, pet food, spices and fast food. The book is entitled Food Forensics and is published by BenBella Books.

In his laboratory research, Adams has made numerous food safety breakthroughs such as revealing rice protein products imported from Asia to be contaminated with toxic heavy metals like lead, cadmium and tungsten. Adams was the first food science researcher to document high levels of tungsten in superfoods. He also discovered over 11 ppm lead in imported mangosteen powder, and led an industry-wide voluntary agreement to limit heavy metals in rice protein products.

In addition to his lab work, Adams is also the (non-paid) executive director of the non-profit Consumer Wellness Center (CWC), an organization that redirects 100% of its donations receipts to grant programs that teach children and women how to grow their own food or vastly improve their nutrition. Through the non-profit CWC, Adams also launched Nutrition Rescue, a program that donates essential vitamins to people in need. Click here to see some of the CWC success stories.

With a background in science and software technology, Adams is the original founder of the email newsletter technology company known as Arial Software. Using his technical experience combined with his love for natural health, Adams developed and deployed the content management system currently driving NaturalNews.com. He also engineered the high-level statistical algorithms that power SCIENCE.naturalnews.com, a massive research resource featuring over 10 million scientific studies.

Adams is well known for his incredibly popular consumer activism video blowing the lid on fake blueberries used throughout the food supply. He has also exposed “strange fibers” found in Chicken McNuggets, fake academic credentials of so-called health “gurus,” dangerous “detox” products imported as battery acid and sold for oral consumption, fake acai berry scams, the California raw milk raids, the vaccine research fraud revealed by industry whistleblowers and many other topics.

Adams has also helped defend the rights of home gardeners and protect the medical freedom rights of parents. Adams is widely recognized to have made a remarkable global impact on issues like GMOs, vaccines, nutrition therapies, human consciousness.

In addition to his activism, Adams is an accomplished musician who has released over fifteen popular songs covering a variety of activism topics.

Click here to read a more detailed bio on Mike Adams, the Health Ranger, at HealthRanger.com.

Find more science, news, commentary and inventions from the Health Ranger at:

Diaspora: (uncensored social network)
Share.NaturalNews.com

GAB.ai:
GAB.ai/healthranger

Vimeo:
Vimeo.com/healthranger

Podcasts:
HealthRangerReport.com

Online store:
HealthRangerStore.com

#1 Bestselling Science Book Food Forensics:
FoodForensics.com

Facebook:
Facebook.com/HealthRanger

Twitter:
Twitter.com/HealthRanger

iTunes:
itunes.apple.com/us/podcast/the-health-ranger-report/id1063165791

Youtube:
YouTube.com/TheHealthRanger

G+
plus.google.com/u/0/b/106753783877820567659/

SoundCloud:
Soundcloud.com/healthranger

Health Ranger’s science lab
CWClabs.com

Health Ranger bio
HealthRanger.com
TruthWiki.org

Search engine:
GoodGopher.com

 


Disqus